Tag Archives: borrowing

Help in Handling your Money

Experiencing problems managing your finances, take a look at this comprehensive list of agencies that could help you help yourself: Debt Management For help in consolidating debt please visit our debt management page. Citizen’s Advice Bureau (CAB) Debt agencies and lenders chasing … Continue reading

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Avoiding Credit Card And Loan Debt At Christmas

When it comes to spending a lot of money Christmas tends to be the worst time of year… especially for those of us who simply can’t afford to become overdrawn or risk any further debt. Whilst the likes of credit … Continue reading

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Banks still charging extortionate rates on overdrafts

Recent figures by the Bank of England suggests that customers are being crippled by the highest rate in overdraft charges since records began. Financial experts throughout the UK have condemned these extortionate charges being imposed on customers who dip into … Continue reading

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Credit cards set to pay for Christmas

A recent study by ConsumerIntelligence.com shows that over half of British consumers are planning to use credit cards to meet the costs that Christmas throws at them. A massive 55% of people have said that they plan to use their credit card to fund … Continue reading

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UK homeowners struggling to meet credit card and loan repayments

Debt management help may be needed by British consumers who are struggling to meet personal loan and credit card repayments, according to a survey by YouGov. The report showed that around 1 in 6 households in the UK are experiencing difficulties with their mortgage. … Continue reading

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Credit card spending drops to lowest rate this year

Recent reports show that growth in credit card spending has slowed to it’s lowest rate over the third quarter of 2010. It’s thought that this is due to consumers cutting back on non-essential and luxury items. In spite of credit card spending dropping to … Continue reading

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Brits borrow credit to pay for holidays

A recent report by online travel agent, Sunshine.com, has revealed that British consumers are prepared to borrow from banks and credit card companies just so that they can afford to take a trip abroad. The report shows that a whopping 50% of … Continue reading

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Consumer lust for credit drops

Consumer spending on credit cards saw a drop in June due to fears over the state of the UK’s economy, according to recent figures revealed by the Finance and Leasing Association. Spending on consumer credit products over June dropped to £4.27 billion, … Continue reading

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Borrowing rates see marked improvements

Hopes of a smaller increase in credit borrowed than first feared in 2010 has been fuelled by a slight improvement in Britain’s dreadful public finances over July. The Office for National Statistics (ONS) indicated that the UK sank further into the red … Continue reading

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